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MTS Allocated Frequencies To Offer 3G Products And Services In Armen

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  • MTS Allocated Frequencies To Offer 3G Products And Services In Armen

    MTS ALLOCATED FREQUENCIES TO OFFER 3G PRODUCTS AND SERVICES IN ARMENIA

    RIA Oreanda
    Economic News
    October 9, 2007 Tuesday

    OREANDA-NEWS . October 9, 2007. Mobile TeleSystems OJSC ("MTS" NYSE:
    MBT), the largest mobile phone operator in Russia and the CIS,
    announces allocation of frequencies to offer 3G (UMTS) services
    in Armenia.

    The Public Services Regulatory Commission of the Republic of
    Armenia has allocated the frequencies to K-Telecom, MTS? 80%-owned
    subsidiary. These frequencies will allow MTS to offer high-speed
    mobile voice and data services throughout the territory of Armenia.

    The allocation is valid for a 10-year period.

    K-Telecom is licensed to offer 3G (UMTS) services by virtue of its
    overall license to offer mobile services.

    Remarked Oleg Raspopov, Acting Vice-President, Head of Business
    Unit MTS Foreign Subsidiaries, "The opportunity to bring exciting
    3G products and services to our subscribers in Armenia will only
    strengthen our leadership position in this market. Given our 3G efforts
    in Russia and Uzbekistan, we aim to leverage the full scale of the
    Group in our deployment of 3G throughout our markets of operation."
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